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59 Grand Avenue

$630,000

59 Grand Avenue, Johnson City, NY 13790

Active
Last Updated: 03/17/2025

5,370 sqft

Building Size

0.48 acres

Lot Area

Details:
Building Size:    5,370 sqft
Lot Area:    0.48 acres
Occupancy:    100%
Units:    8
Year Built:    1970
Floors:    2
Highlights:
  • Prime location near Johnson City developments, including the Pharmaceutical Campus and UHS medical complex.
  • Fully leased 8-unit building with one-bedroom units ideal for students, faculty, and traveling nurses.
  • On-site laundry facilities and off-street parking for tenant convenience.
  • Additional garage stalls offer potential for extra income.
  • Walking distance to major institutions driving high rental demand.
  • Turnkey investment opportunity in a thriving area poised for growth.
Description:

Exceptional Investment Opportunity! This fully leased, turnkey 8-unit building is perfectly positioned to benefit from Johnson City's growing developments. Located within walking distance of the cutting-edge Pharmaceutical Campus and the expansive UHS medical complex, this property is ideally suited for students, faculty, and traveling nurses.

Each of the 8 one-bedroom units offers a desirable setup for tenants, complemented by on-site laundry facilities, off-street parking, and additional garage stalls that present the potential for extra income. This well-maintained property is a smart choice for investors looking to capitalize on the area's development and high rental demand.

Located in the heart of Johnson City's rapidly growing community, these buildings offer a prime position to capitalize on the area's exciting new developments. Just a short walk away, you'll find the state-of-the-art Pharmaceutical Campus, the expansive UHS medical complex, and more upcoming campuses, making this location ideal for investment or redevelopment opportunities.

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